Overview
What is Givemn?
Givemn is a Minneapolis, Minnesota-based nonprofit organization committed to fostering generosity and encouraging charitable giving. They operate an online platform, Givemn.org, serving as a marketplace for donors to make contributions with enthusiasm towards causes in their communities. This platform, along with annual giving events like Give to the Max, helps generate substantial funds for numerous nonprofits annually. Beyond the digital sphere, Givemn provides individualized coaching and programs through RaiseMN, aiming to enhance nonprofit fundraising strategies and operations, fostering sustainable and healthier giving practices. Overall, Givemn's mission is to ignite generosity and grow giving in Minnesota.
Official website here: www.givemn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating
Givemn has received a favorable score of 86%, which translates to a Three-Star rating on Charity Navigator. This rating reflects the organization’s commitment to accountability and finance, showcasing strong performance in various categories. The high scores indicate sound financial practices and effective governance structures, including an entirely independent board and robust conflict of interest and whistleblower policies.
The organization excels particularly in its culture and community engagement, as evidenced by a score of 91 in this area. Givemn has demonstrated a commitment to collecting and utilizing constituent feedback effectively, achieving full marks in feedback collection and usage. The program expense ratio is notable at 75.05%, suggesting a significant portion of expenditures is directed toward its programs rather than administrative costs, which is a positive indicator for donors.
However, while Givemn shows strong performance in several areas, it has room for improvement in equity data collection, where it scored only 2 out of 7 points. This suggests that while the nonprofit has some equity policies and processes in place, there may be gaps in comprehensive data collection and reporting. Overall, Givemn shows a solid foundation but could enhance its impact with better data practices.
This AI summary has been generated from information found on Charity Navigator.
Is Givemn legitimate?
Givemn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Givemn submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $195,531
Professional Fundraising Fees: $0
Other Salaries and Wages: $715,042
For more financial information, click here
Official website here: www.givemn.org
What is the mission statement of Givemn?
GiveMN's mission is centered around fostering generosity and growing charitable giving. They achieve this through their online platform, GiveMN.org, which serves as a marketplace for donors to contribute to causes in their communities with enthusiasm. Annual events like Give to the Max also contribute to this mission, generating substantial funds for numerous nonprofits annually. Furthermore, GiveMN offers individualized coaching and programs to enhance nonprofit fundraising strategies and operations, promoting healthier and sustainable fundraising practices, enabling nonprofits to persist and expand their missions in their respective communities.
Official website here: www.givemn.org
Who is the CEO of Givemn?
Jake Blumberg is the Director of Givemn.
Official website here: www.givemn.org
What is the revenue of Givemn?
Givemn's revenue in 2022 was $1,190,324.
Official website here: www.givemn.org
Who are the executives of Givemn and what are their salaries?
The average compensation at Givemn during 2022 was $101,175. There are 9 employees and 50 volunteers at Givemn.
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- Compensation: $182,832
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- Other: $12,699
Official website here: www.givemn.org
Where can I find the form 990 for Givemn?
Givemn's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.givemn.org
Learn more at the official website: www.givemn.org
Mission Statement of Givemn
GiveMN, a nonprofit organization, is dedicated to fostering generosity and expanding giving opportunities through its online platform, GiveMN.org, and RaiseMN, a fundraising coaching and training program. The primary mission of GiveMN is to ignite generosity and encourage donations to various causes within communities. By utilizing GiveMN.org, donors can make contributions with enthusiasm and ease, ultimately generating substantial funds for thousands of nonprofits each year.
In addition to its giving marketplace, GiveMN offers individualized coaching and programs to support nonprofits in transforming their fundraising strategies. By implementing sustainable fundraising practices, nonprofits can continue to expand their missions within their communities, ensuring their longevity and success. The ultimate goal of GiveMN is to create a more generous society where nonprofits can thrive and make a meaningful impact in their communities.
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Impact
October, 2024
Givemn ignites generosity and enhances giving through its innovative platform, Givemn.org, which serves as Minnesota's premier online giving marketplace. This initiative enables donors to easily contribute to various causes in their communities, fostering a culture of philanthropy. With events like the annual Give to the Max, Givemn generates millions of dollars for thousands of organizations each year.
Beyond facilitating donations, Givemn provides individualized coaching and training through the RaiseMN program. This support helps organizations transform their fundraising practices, ensuring they are sustainable and effective. By building capacity within nonprofits, Givemn empowers them to pursue and expand their missions, ultimately creating a stronger, more interconnected community.
This information is meant to be a general summary of Givemn. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $627,582
- Gross Receipts: $1,190,324
Assets and Liabilities:
- Total Assets: $1,195,446
- Total Liabilities: $174,145
- Net Assets: $1,021,301
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATION PROCESSING FE
Revenue
$563,431
CONTRACTING SERVICES
Revenue
$64,151
Organization Details
Founding Year
2009
Phone
(612) 440-1533Principal Officer
Jake Blumberg
Main Address
43 SE MAIN STREET 515, MINNEAPOLIS, MN, 55414
Website
www.givemn.orgNTEE Category
Code: T50 - Philanthropy
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